Pepco and Exelon’s Racial Equity Capital Fund Invests Nearly $3 Million in Minority-Owned Small Businesses in the District and Maryland - Seite 2

Escalate is a workforce development platform that brings together educational and artificial intelligence resources to improve retention of frontline workers. Based in Silver Spring, Md. Escalate is a majority Black and woman-owned company. The company's unique platform provides support for frontline workers to drive retention and positive work environments.

As part of Exelon's ongoing, extensive efforts to promote equity and economic opportunity in the diverse communities served by Pepco and its sister utilities, the RECF is making investments through debt and equity financing for minority-owned businesses throughout Exelon's service areas over the next three years. Exelon's six utilities-Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco-and the Exelon Foundation contributed to the fund, and funding is done at Exelon's own expense.

RockCreek, which leads the RECF and makes the fund's investment decisions, is also focused on growing the capability of the capital fund through partnerships with minority-owned lending institutions, community banks, and chambers of commerce to source originations and provide additional investment and lending opportunities.

New RECF applications are accepted on a rolling basis. Interested businesses may apply online or contact RockCreek at [e-mail] for more information.

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About Pepco
Pepco is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation's largest utility company, serving more than 10 million customers. Pepco provides safe and reliable energy service to approximately 919,000 customers in the District of Columbia and Maryland.

About Exelon
Exelon (Nasdaq: EXC) is a Fortune 200 company and the nation's largest energy delivery company, serving more than 10 million customers through six fully regulated transmission and distribution utilities - Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). More than 18,000 Exelon employees dedicate their time and expertise to powering a cleaner and brighter future for our customers and communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow Exelon on Twitter @Exelon.